Sulphates; of Magnesium Price in Uzbekistan - 2023
Contents:
- Sulphates; of Magnesium Price in Uzbekistan (CIF) - 2023
- Sulphates; of Magnesium Imports in Uzbekistan
Sulphates; of Magnesium Price in Uzbekistan (CIF) - 2023
In May 2023, the average sulphates; of magnesium import price amounted to $1,238 per ton, increasing by 94% against the previous month. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in June 2022 an increase of 323% against the previous month. As a result, import price attained the peak level of $2,680 per ton. From July 2022 to May 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was the Czech Republic ($4,314 per ton), while the price for Russia ($513 per ton) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Turkey (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Sulphates; of Magnesium Imports in Uzbekistan
In 2022, the amount of sulphates; of magnesia imported into Uzbekistan skyrocketed to 1K tons, rising by 32% against the year before. Over the period under review, imports recorded a resilient increase. The pace of growth was the most pronounced in 2020 with an increase of 110%. As a result, imports attained the peak of 1.2K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, sulphates; of magnesium imports soared to $521K in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -18.5% against 2020 indices. The growth pace was the most rapid in 2020 when imports increased by 62%. As a result, imports reached the peak of $639K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Sulphates; of Magnesium in Uzbekistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 97.5 | 188 | 74.6 | 521 | 74.8% |
| Russia | 93.6 | 146 | 95.3 | N/A | 0.9% |
| Kazakhstan | 30.8 | 20.6 | N/A | N/A | -33.1% |
| China | 96.3 | 91.5 | 113 | N/A | 8.3% |
| Lithuania | 64.0 | 133 | 33.7 | N/A | -27.4% |
| Others | 12.9 | 59.6 | 86.1 | N/A | 158.3% |
| Total | 395 | 639 | 403 | 521 | 9.7% |
Top Suppliers of Sulphates; of Magnesium to Uzbekistan in 2022:
- Turkey (1.0K tons)
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